Crypto Market
Main developments
Bitcoin (BTC) continues to fluctuate around the $75,000 mark. Over the past 30 days, whales have accumulated approximately 270,000 BTC – the strongest buying activity since 2013. Many technical traders are now targeting the next price level around $92,000.
Ethereum (ETH) is currently in a volatile, high-volatility state. If it surpasses $2,462, the total value of Short positions that could be liquidated could reach approximately $932 million. Conversely, if it falls below $2,232, Longing positions risk liquidation of around $842 million.
Hotspots
Altcoins are experiencing a strong surge. ORDI has increased by over 190% in 24 hours and quadrupled in 3 days. SIREN briefly touched $2.27 USDT, up over 150% in a single day, but on-chain data suggests market makers hold over 93% of the supply — indicating a very high degree of price control.
Money continues to flow into highly volatile Token . AXL is up over 37%, NEIRO is up over 48%, while PNUT, DYDX , and TST are also recovering significantly. The familiar scenario is repeating itself: large coins remain stable, while money shifts to smaller coins seeking higher profit margins.
The Russian exchange Grinex has just suffered a large-scale cyberattack, resulting in losses of over $15 million. The stolen funds are believed to have been transferred to TRX and ETH to avoid being frozen. Security risks have become a significant concern.
Charles Schwab announced it will soon open direct crypto trading to individual investors, starting with BTC and ETH. Traditional financial firms are integrating crypto into securities accounts, indicating that the competition for users remains intense.
Macro market
Stock
US stocks edged higher on April 16. The Dow Jones rose 0.24%, the S&P 500 gained 0.26%, and the Nasdaq advanced 0.36%. The S&P 500 and Nasdaq have both seen 12 consecutive days of gains, indicating that risk appetite remains strong.
Crypto-related stocks also performed positively. MARA rose over 10%, MSTR increased 3.76%, and COIN gained 2%. The link between crypto and stocks remains quite clear.
Goods
Gold prices remained high, around $4,799 per ounce. Silver rose slightly by more than 0.5%.
Oil prices recovered slightly, with WTI rising to around $93.47 per barrel and Brent near $99.84. Geopolitical factors in the Middle East remain a major variable influencing energy market sentiment.
AI trends
Anthropic recently launched Claude Opus 4.7, focusing on programmability and handling long-running tasks. The product has received positive feedback regarding performance, but has also sparked debate due to its significantly increased Token consumption. AI competition now isn't just about who's smarter, but also about cost and practical deployment.
OpenAI has also made a major update to the Codex. The tool can now directly "see" the Mac screen, interacting with it like clicking, typing, and using applications. Multiple agents can run in parallel without affecting the user. For developers, this significantly reduces manual steps when testing applications or working with tools that lack APIs.
